'World's most valuable rough diamond' sold by Vancouver-based producer

27 September, 2017, 00:42 | Author: Regina Lloyd

A rough diamond, the size of a tennis ball unearthed almost two years ago by Canada's Lucara Diamond Corp has been sold for $53 million, according to the Vancouver-based company.

It was unearthed by Canadian miner Lucara Diamond Corp almost two years ago at its Karowe mine in Botswana.

Lucara has said it agreed with the plans and they would have no impact on the company's financial position.

Earlier this year, the jeweler also acquired a 373.72-carat rough diamond that was originally extracted from the Lesedi La Rona rock, as well as the largest heart-shaped diamond in the world, which weighs 118.78 carats, or 23.5 grams.

The world's second-biggest diamond has a buyer after failing to sell past year at a Sotheby's auction.

LESEDI La Rona, the largest diamond discovered since the iconic Cullinan diamond in the previous century, has been sold to upmarket British jeweller Graff Diamonds for $53m.

"We took our time to find a buyer who would take the diamond through its next stage of evolution", he said in a media release following the sale.

Graff Diamonds chairman Laurence Graff said they were thrilled and honoured to become the new custodians of such an incredible diamond. "The discovery of the Lesedi La Rona was a company defining moment for Lucara".

Weighing 1,109ct and with an estimate of in excess of $70 million, the Lesedi La Rona rough diamond failed to sell at Sotheby's London on 29 June.

In 1905, the 3,106-carat Cullinan Diamond was unearthed in South Africa, only to eventually be cut into several smaller pieces.

Recommended:

Guardiola said they can not take Shakhtar lightly and that it is strong group with Dutch champions Feyenoord also in the mix. City have experimented with a number of formations already this season, often switching between a 3 or a 4 man defence.

Additionally, several telethons have been held to benefit Puerto Rico including on Univision and Telemundo. But Trump chose not to use the platform to comment on the situation in Puerto Rico over the weekend.

That makes them only medium-range, which is still sufficient to reach Israel or United States bases in the Persian Gulf. Trump has repeatedly vowed to pull US backing from the deal; he has also called for including Iran's missile program.

State Department spokeswoman Heather Nauert had said earlier this month that the United States took no position on the referendum. They are cracking down on organisers by threatening them with prosecution.

A spokesman for British Transport Police said officers were called to the scene shortly before 12.30 this afternoon. The explosion itself appears to have been rather small, especially given the photos we've seen posted on Twitter .

Senate Majority Leader Mitch McConnell intends to bring the bill to the floor for a vote some time next week. McCain joined the Kentucky conservative Rand Paul in stating his intention to vote against the bill .

He stressed that all other parties to the deal, including Russian Federation , support the agreement and don't want it reopened. US unilateral sanctions on Iran undermine the Iran nuclear deal, Russian Foreign Minister Sergei Lavrov said on Thursday.

Little change in strength is forecast through Monday, and Lee is expected to weaken to a depression on Tuesday. East Coast later in the day and advised people from North Carolina to New England to monitor Jose's progress.

The eyeglasses and security products are supposedly coming by the end of the year, presumably in time for Christmas. It could be controlled by Alexa-enabled Echo products, and show the video feed on Amazon's Echo Show screen (above).

John McCain of Arizona and Rand Paul of Kentucky already have announced their opposition, leaving the GOP little margin for error. This has left little wiggle room for Republicans to lose any votes - with three "no" votes, the bill can not pass.

Thomas sank birdies on five and six, before picking up another shot on 13, although he dropped that on the following hole. Patrick Reed (65), Justin Rose (66), Gary Woodland (67) and Jon Rahm (67) finished round two one shot back at six under.

Nigeria ready to play OPEC ball, Russian Federation says
Emerging sentiment about balance, following years of oversupply, has been supportive of crude oil prices during recent sessions. Brent Crude for November delivery rose $1.60, or 2.81 percent, at $58.46 a barrel by 12:52 p.m.

Hurricane Maria Moves Northward, Affecting East Coast
Red "No Swimming" flags are flying again today (Sun., 9.24.17) in Nags Head due to risky surf from Hurricane #Maria . The BBC reported Friday that buses were "currently evacuating people from the area as quickly as they can".

Man Accused Of Killing Ex-Girlfriend's Son With Hammer
Dante's grieving grandmother, Monique Brown , said the young boy was trying to save his sister when he was attacked by Chaney Jnr. In another incident in October 2015, an 11-year-old boy died while pushing his sister away from the path of a speedy vehicle.

NFL Week Three Match Up: Giants at Eagles
Coach Ben McAdoo preferred to avoid the topic entirely. "We are all irritable right now, and rightfully so", he said . From that perspective, the game went well and the Eagles run game proved to be a lot more than NY could handle.

Hurricane Maria stays strong, Lee redevelops
Lee, which degenerated into a remnant low last week, has intensified into hurricane, the National Hurricane Center said Sunday. The storm has been slowing down over the past day or so, beyond this weekend is where Maria's forecast track gets tricky.

U.S. allies take Syria gas field
NPR notes in passing that Abu Khawla fought against the Syrian government in the civil war before the rise of ISIS. Syria's main oilfields are located east of the Euphrates, the largest of which is the Al-Omar oilfield.

England vs West Indies, 3rd ODI at Bristol
Stokes holed out on the cover boundary off Rovman Powell having hit two of his three sixes in succession off Ashley Nurse. He took just seven deliveries to move from 60 to 90 as he thumped six maximums in eight deliveries.